CME Head Appears To Say He Bribed CTFC Official

CME Head Appears To Say He Bribed CTFC Official

In an appearance on Fox News on Wednesday to discuss the FTX collapse, CME Group boss Terry Duffy appeared to say that he bribes or bribed a Commodity Futures Trading Commission (CTFC) official….

Crypto Marketers Search for a New Sales Pitch After FTX Crisis

Crypto Marketers Search for a New Sales Pitch After FTX Crisis

The sudden multibillion-dollar collapse of the FTX crypto exchange has inflicted destitution and misery on great swaths of the crypto world. Retail investors are down bad. Flagship exchanges are on the brink of…

Binance Launches Proof-of-Reserve System for Bitcoin, Ethereum ‘Coming in The Near Future’

Binance Launches Proof-of-Reserve System for Bitcoin, Ethereum ‘Coming in The Near Future’

Binance, the world’s largest crypto exchange by trading volume, released its proof-of-reserves (PoR) system today, which it said “is the next step in its “commitment to transparency and fostering trust in the ecosystem.”…

Bitcoin, Ethereum Post Modest Thanksgiving Gains as Crypto Market Claws Back B

Bitcoin, Ethereum Post Modest Thanksgiving Gains as Crypto Market Claws Back $12B

Crypto markets appear to have turned a corner after the collapse of Sam Bankman-Fried’s crypto empire. In the last 24 hours, Bitcoin has risen roughly 1.5% and is trading at just over $16,600….

NFT Real-Life Use Cases – Decrypt

NFT Real-Life Use Cases – Decrypt

An NFT, also known as a non-fungible token, is a unique type of blockchain token by design. Unlike fungible tokens such as BTC, ETH, or SOL, each NFT is individual and has no…

FTX Bankruptcy Hearing: Bahamas Liquidators Transfer Case to Delaware, Creditor Names Remain Redacted

FTX Bankruptcy Hearing: Bahamas Liquidators Transfer Case to Delaware, Creditor Names Remain Redacted

The judge overseeing the bankruptcy case of fallen crypto exchange FTX today agreed to continue bankruptcy proceedings in Delaware and keep the names and addresses of the top 50 creditors—owed approximately $3.1 billion—redacted…

FTX Japan May Resume Withdrawals by December: Report

FTX Japan May Resume Withdrawals by December: Report

Sam Bankman-Fried’s FTX empire has collapsed, but its Japanese outpost aims to allow customer withdrawals again by the end of the year. According to a report from Japanese news site NHK, an FTX…

This Week on Crypto Twitter: Further FTX Fallout

This Week on Crypto Twitter: Further FTX Fallout

Illustration by Mitchell Preffer for Decrypt This week, Twitter served as a public confessional where the many crypto companies affected by FTX’s sudden, historic collapse came forward to declare just how much exposure…

This Week in Coins: Bitcoin Avoids Heavy Losses as FTX Contagion Spreads

This Week in Coins: Bitcoin Avoids Heavy Losses as FTX Contagion Spreads

This week in coins. Illustration by Mitchell Preffer for Decrypt. This being week two of the FTX disaster story, crypto investors can expect things to get worse before they get better. However, the…

Bank of America Downgrades Coinbase Stock to Neutral, COIN Down 7%

Bank of America Downgrades Coinbase Stock to Neutral, COIN Down 7%

Bank of America today said it is downgrading the stock of U.S. cryptocurrency exchange Coinbase from buy to neutral. The price of COIN is down 7% over the last 24 hours and is…

Crypto Is Flowing Out of Exchanges: ‘Severe’ Outflows From Gemini, OKX and Crypto.com, Says JP Morgan

Crypto Is Flowing Out of Exchanges: ‘Severe’ Outflows From Gemini, OKX and Crypto.com, Says JP Morgan

Investors are pulling funds out of major crypto exchanges as a result of the collapse of FTX, JPMorgan analysts have said.  In a note to investors Wednesday, analysts at the investment bank noted…

Gemini Restores Service to Exchange After Outage Spooks Investors

Gemini Restores Service to Exchange After Outage Spooks Investors

Crypto exchange Gemini today went down in a server outage for less than an hour, the platform said on Twitter.  The exchange earlier today told customers that its Earn program lending partner, Genesis,…

Bitcoin, Ethereum and Stocks Rebound as Inflation Shows Signs of Turning

Bitcoin, Ethereum and Stocks Rebound as Inflation Shows Signs of Turning

Bitcoin and Ethereum jumped Tuesday along with stocks on positive news coming out of the U.S. about inflation.  At the time of writing, the biggest cryptocurrency by market cap was up 3.4% in…

Paxos Freezes  Million in PAXG Tokens Linked to FTX

Paxos Freezes $19 Million in PAXG Tokens Linked to FTX

Cryptocurrency issuer Paxos has frozen over $19 million worth of crypto assets tied to bankrupt exchange FTX at the direction of U.S. law enforcement, the company announced Saturday.  The funds, 11,184 tokens of…

This Week on Crypto Twitter: FTX’s Collapse as It Happened, in Tweets

This Week on Crypto Twitter: FTX’s Collapse as It Happened, in Tweets

Illustration by Mitchell Preffer for Decrypt This week, the crypto industry witnessed one of the most sudden and devastating contractions of wealth in financial history. Sam Bankman-Fried’s $16 billion empire—which was built up…

This Week in Coins: Bitcoin Avoids Heavy Losses as FTX Contagion Spreads

This Week in Coins: FTX Goes Broke, Bitcoin Falls to Two-Year Low

This week in coins. Illustration by Mitchell Preffer for Decrypt. Welcome back to our weekly recap of crypto market moves over the past seven days. Just when the industry was beginning to think…

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